Meaning Of The Word Close the books

Real Dictionary
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  2. C Words Definitions
  3. Section C-295
  4. Close the books

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Close the books Meaning

Close the books Definition
Close the books Definition

What's The Definition Of Close the books?

close the books in British English
to balance accounts at the end of an accounting period; settle accounts
to balance accounts in order to prepare a statement or report
to make no further entries, balance the books, and draw up statements from them
phrase: If you close the books, you balance accounts in order to prepare a statement or report.

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